Medite Cancer Diagnostics Inc (MDIT)

[utterbull]

Difficult to classify as a lie, yet with the company's combined experience and with at least one person having been involved in bringing new products to market I would expect they have a better understanding of how long the trials should take.

At some point someone is going to update the clinical trials web site and tack on another 3 months to the expected completion date. If they can't meet that then people are going to start losing interest in cytocore pretty quickly.

PR's continue to be very optimistic time wise just to keep investors hanging on but if you believe in this company then waiting a couple more years is not a big deal. I also expect the float will have been increased by almost 10%, I guess we'll know once they release the 10K.

At least there have been no more planned sales since November, maybe they are going to try and run it up again so the selling can begin all over again.